when you see coin will delist after few days grow about 700% or 100% or just 10%, this makes you ask what the wrong ?!
Nothing wrong happens, it's called a smart move from a smart mind / money
first thing maybe this coin is solid or will add to the new exchange
but our view say
when people saw this bad news, certainly all holder for this coin, will sell it, this makes a coin drop fast maybe loss about 90% of his value at the time when news published.
so after 90% where is the coin can go ?! if you still hold you've already lost 90% of your money so it`s like loss everything
from this point, whales take the chance to pump the coin hard as we see
know what! many people join and buy it, and who just sold since hours re-enter again want to recover some loss
but the truth, while you join and buy, the whales sell it to you, then delist come and you lose again lucky and smart people make money, memory fish and the newbie people loss.
This market and chart was built based on the psychological factor From here prices move back and forth Here the price candles appear in front of you and the patterns as well The false hope here is a basic factor to pump the coin to give it to people, and then some learn the lesson and some didn`t.
What's nice about it is that some believe the price is moving at random!
Ask yourself are you opened the chart someday, and you find yourself very optimistic towards a particular currency or direction without any reason ?!
The answer, of course, this happened with most of the traders Imagine that does not happen to you alone Here for no apparent reason just because you are optimistic you will buy or sell
So what if there is positive news or something important what will be your feeling at that time or pattern indicating Bullish, for example Of course, you will definitely buy
Here, the psychiatrist was equipped for the "herd" to perform the movement once But some say technical analysis was expected movement very clear and set analysis before it happens
In fact, technical analysis is a tool that draws only the most important of which is the development of the movement, the reaction of the price, the absorption of the market and its rehabilitation of the movement
Ask yourself!
How much of a positive pattern to go up and complete but the price is falling
How much of a bearish pattern is evident on the chart But the price goes up a lot
we do not remember specifically in 2016/2015, the US interest rate was raised, which means positive news explicitly supporting the dollar and means the USD will rise and gold will fall
But the funny thing is that the dollar fell sharply despite the positive news and statements in the medium term But at that moment the dollar did not need that excessive force
So as we said before and after technical analysis, try to understand whether the market will absorb the movement derived from the technical drawing or not
And then complete your way as you are We ask Allah reconcile and repay
ความคิดเห็น
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Keep Grow until people think it will re-list again +2000% then 1 sell candle eat all green
when people saw this bad news, certainly all holder for this coin, will sell it, this makes a coin drop fast maybe loss about 90% of his value at the time when news published.
so after 90% where is the coin can go ?! if you still hold you've already lost 90% of your money so it`s like loss everything
from this point, whales take the chance to pump the coin hard as we see
know what! many people join and buy it, and who just sold since hours re-enter again want to recover some loss
but the truth, while you join and buy, the whales sell it to you, then delist come and you lose again lucky and smart people make money, memory fish and the newbie people loss.
Hi @HamadaMark. Thanks for the idea, however I’m not so sure that what you are suggesting is common amongst delisted currencies. Look at the most recent performance of BCN, CHAT, ICN, TRIG after the recent announcement that they are to be delisted from Binance. None of these have (at least yet) have shown a similar price recovery after the inital fall.Thus far the BYC currency that you have suggested seems to be the one that has bucked the more usual downward trend that appears more common. I don’t want to dispute that what you suggest might not happen in the coming weeks to these other currencies, but I wanted to ask whether you have made a wider analysis of other coins that have delisted to see whether BCY is the anomaly, or whether the statistics do show many other examples. of this happening. But again, thanks for sharing the idea, it has at least raised interest in this possibility !
HamadaMark
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salaam dear @tilanthi2, before anything thanks for sharing your thought with us
and our answer for your question about if we made a wider analysis of other coins
yes we did not for all but for 3 or 4 coins
here and byc one of them
t.me/CryptoOwnersUnite/6203 bitterx have a big list if you like we can check them together to see what happen
but our post not say this main rules about pump coins after delisting them, it`s view explain why they pump and what happens with people wish you read it once again maybe you get our point of view
Dear brother
I am in immense tension. I purchased byc at 6900 satoshi and when saw in the morning I saw it 900 satoshi. I was mum for couple of hours. I invested 1 btc. I have lost much. Moreover this coin is delisting also. What should I do. Pls suggest. Pls pls pls
Respect
HamadaMark
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Salaam Dear @zafartauqeer, first thing sorry for the loss but we post this Article to warn people but at your case, we look for solutions to help you but we can`t find anything except accept the loss coin will delist that what bittrex said that
or do your research about this coin maybe real project so if it real, maybe the team will work to list it at a new exchange